Tuesday, June 18, 2013

Gold + 1 Point


My 2nd day trading live ended in profit though it could have been a much larger profit! My 1st and 2nd long trades should have been 1 point each but I didn't trust my decision and exited prematurely at +1 tick for fear the trade would turn against me. The short trade around 8:51 should have been a 5 point winner. Again I exited prematurely and only earned 1 point. That's ok because right now my goal is not to make money. My goal is to build my confidence as a trader. The amount of money I make each day is insignificant compared to the moral preparation I'm building for myself and my business. Each positive day allows me to prove to myself that I am a confident trader who consistently extracts money from the market.

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